Estimation Luxury bags and handbags, Leather Goods and Luxury Accessory Valuations

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Luxury bags and handbags, Leather Goods and Luxury Accessory Valuations

Buying a luxury bag can be a good investment as some models can gain value over time. In recent years, fashion enthusiasts have often been prepared to part with incredible sums of money in order to acquire an exceptional piece. The big fashion houses don’t lack in creativity when it comes to producing innovative models, with one recent example being the partnership between Louis Vuitton and artist Jeff Koons to launch a bag line.

Particular care and craftmanship is taken in the manufacture of a luxury bag and leather goods. The most noble of materials are often selected such as beef leather, ostrich leather or alligator leather.

When it comes to luxury bags, every detail counts, from the seams or the choice of buckles. Many of them are timeless, like the Lady from Dior launched in 1995, a design that has not aged.

Some models have become cults like Kelly or Hermes Birkin or the Chanel Timeless. French, Italian and American brands such as Dior, Chloé, Balenciaga, Celine, Balmain, Prada, Versace, Goyard and Gucci are loved throughout the world. Each brand has its own history and iconic models.

It is important however to be wary of counterfeits, therefore it is important to speak to a professional in the field before making a purchase. The value of a luxury bag depends in particular on the brand, the model, the general condition, the provenance as well as the material. It is imperative to keep the serial number and the certificate of authenticity given on the day of the sale.

Luxury bags and leather goods are selling very well at auctions especially those from brands such as Hermes and Louis Vuitton.

The price of a luxury bag can reach records like the small bag “1001 nights of Mouawad” that sold for 3,000,000 euros. This small masterpiece consists of 4,517 diamonds. A pink and gold crocodile Kelly bag designed by Pierre Hardy was also sold for the incredible sum of 1,500,000 euros.

Our experts in luxury bags and leather goods are at your disposal to appraise and value your pieces. Do not hesitate to contact them via our online form.

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